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04.02.2012 00:07:29

Micron says Mark Durcan to take CEO duties for now

SAN FRANCISCO (MarketWatch) -- Micron Technology Inc. said late Friday that President and Chief Operating Officer Mark Durcan will assume the responsibilies of chief executive officer until the board appoints a successor. Earlier Friday, Chairman and CEO Steve Appleton, 51, was killed after the small plane he was piloting crashed in Boise, Idaho. Micron said the board will convene a meeting over the weekend. Shares of Micron, which had been halted during the regular trading session, fell 5.7% to $7.50 in after-hours activity.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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